UPDATE 1-UK Stocks-Factors to watch on Friday May 2

LONDON May 2 (Reuters) - Britain's FTSE 100 index is seen opening
flat to 5 points lower, or down as much as 0.1 percent on Friday, according to
financial bookmakers, with futures roughly steady before the open. For
more on the factors affecting European stocks, please click on

* The UK blue chip index ended up by 0.4 percent, or 28.84 points, at
6,808.87 points, its highest close since March 4, buoyed by Lloyds
while most other European markets were closed for a holiday.

* ASTRAZENECA - U.S. drugmaker Pfizer said on Friday it had
raised its offer for AstraZeneca to 50 pounds ($84.47) a share, adding that the
British drugmaker was reviewing the proposal.

* ROYAL BANK OF SCOTLAND - Part-nationalised Royal Bank of Scotland
trebled its profit in the first quarter, benefiting from improved cost control
and a reduction in impairment costs.